{"id":43147,"date":"2017-02-07T16:52:23","date_gmt":"2017-02-07T09:52:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=43147"},"modified":"2017-02-07T14:13:28","modified_gmt":"2017-02-07T07:13:28","slug":"cscec-aiming-for-summer-2018-finish-at-viceroy-dubai-site-hit-by-fire","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cscec-aiming-for-summer-2018-finish-at-viceroy-dubai-site-hit-by-fire\/","title":{"rendered":"CSCEC aiming for summer 2018 finish at Viceroy Dubai site hit by fire"},"content":{"rendered":"


\nChina State Construction Engineering Corporation’s Middle East unit is working hard to get the Viceroy Dubai project it is building alongside developer Skai Holding at Jumeirah Village Circle back on track following a fire at the site last year, according to its Middle East chairman. The 60-storey tower project that will house 247 hotel rooms and 254 apartments – most of which will have private pools – was initially scheduled for completion this year, but Yu Tao said that it was now targeting an opening next year. “It’s probably the later part of the year, but we will target by the summertime,” said Mr Yu. “This would be extremely challenging, but still we are trying our best.”It has been held back from advancing vertically at the site until all of the safety tests have been completed but CSCEC Middle East has sought to compensate for this by completing more advanced works in the basement and podium levels. “We have no worry about the quality of the building,” said Mr Yu. “That’s going to be assured – by our own name, by our work, by third party inspectors and by the government.”Elsewhere, CSCEC Middle East and Skai Holdings have already received the building completion certificate for the 20-storey Palm Viceroy hotel at Palm Jumeirah, where residents have begun moving into serviced apartments and the hotel is due to open next month.The pair of five-star resort \u00adhotels that are also being built at Palm Jumeirah for developer Arenco are almost structurally complete, said Mr Yu, adding that the project “will be done within one year or so”.This will take the total amount of hotel projects CSCEC Middle East has been building on Palm Jumeirah to five. The contractor is not involved in the construction of Nakheel’s Palm Gateway Towers, despite its joint venture with South Korean contractor Ssangyong receiving a letter of intent from the developer for a Dh1.4 billion, three-tower development on top of its monorail terminus in February last year. The project has since been re-tendered and bids are due back next month. “Unfortunately, we didn’t reach a common understanding in terms of the conditions, the contract duration and the contract price,” Mr Yu said. Nakheel declined to comment on the reasons for the failure to implement the letter of intent.mfahy@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…CSCEC aiming for summer 2018 finish at Viceroy Dubai site hit by fire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China State Construction Engineering Corporation’s Middle East unit is working hard to get the Viceroy...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-43147","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bdV","jetpack-related-posts":[{"id":43167,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-state-construction-unit-aiming-for-summer-2018-finish-at-viceroy-dubai-site-hit-by-fire\/","url_meta":{"origin":43147,"position":0},"title":"China State Construction unit aiming for summer 2018 finish at Viceroy Dubai site hit by fire","date":"February 7, 2017","format":false,"excerpt":"\r China State Construction Engineering Corporation's Middle East unit is working hard to get the Viceroy Dubai project it is building alongside developer Skai Holding at Jumeirah Village Circle back on track following a fire at the site last year, according to its Middle East chairman. The 60-storey tower project\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43145,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-state-construction-confident-that-funding-deals-will-secure-more-middle-east-work\/","url_meta":{"origin":43147,"position":1},"title":"China State Construction confident that funding deals will secure more Middle East work","date":"February 7, 2017","format":false,"excerpt":"\r The Middle East unit of China State Construction Engineering Corporation (CSCEC) expects to secure more work in the region by tapping resources from Chinese banks and credit agencies as the company targets up to Dh1 billion in revenue this year, according to its chairman. The company has existing relationships\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/union-properties-profit-falls-by-half-in-2016\/","url_meta":{"origin":43147,"position":2},"title":"Union Properties profit falls by half in 2016","date":"February 9, 2017","format":false,"excerpt":"\r Union Properties has announced a 51 per cent decline in full-year profits for 2016 to Dh211.4 million, down from Dh434.6m in 2015.The company filed preliminary results on the Dubai Financial Market showing that revenue also witnessed a decline of about 23 per cent to Dh1.13 billion compared with Dh1.47bn\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/union-properties-profit-fell-by-half-in-2016\/","url_meta":{"origin":43147,"position":3},"title":"Union Properties profit fell by half in 2016","date":"February 9, 2017","format":false,"excerpt":"\r Union Properties has announced a 51 per cent decline in full-year profits for 2016 to Dh211.4 million, down from Dh434.6m in 2015.The company filed preliminary results on the Dubai Financial Market showing that revenue also witnessed a decline of about 23 per cent to Dh1.13 billion compared with Dh1.47bn\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/union-properties-hires-china-state-to-build-dh450m-motor-city-scheme\/","url_meta":{"origin":43147,"position":4},"title":"Union Properties hires China State to build Dh450m Motor City scheme","date":"May 2, 2016","format":false,"excerpt":"\r Union Properties has appointed China State Construction Engineering's (CSCEC) Middle East arm to build its Dh450 million Oia Residences project in Dubai's Motor City. Union Properties' chairman, Khalid bin Kalban, said yesterday at a ceremony to mark the start of construction that although the project is being launched in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32717,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cscec-to-build-part-of-damac-hotel-project\/","url_meta":{"origin":43147,"position":5},"title":"CSCEC to build part of Damac hotel project","date":"November 2, 2016","format":false,"excerpt":"\r Damac Properties has awarded the China State Construction Engineering Corporation (CSCEC) a Dh554 million contract to build part of its second Paramount Hotel project in Dubai.CSCEC, the world's third-largest construction company, said it had been awarded the main work contract to build 27 floors of serviced flats of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43147"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=43147"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43147\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}